AES Acquires Community Solar, Adds 10 GW Renewable Pipeline Updated On Tue, Dec 21st, 2021 by Saurenergy US energy firm AES Corporation has announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy). AES has signed PPAs to deliver 4 GW of renewables in the US this year and the acquisition of Community Energy will further bolster the Company’s future expansion efforts with a strong pipeline and skilled […] Read more
EKI Energy Services Expands Ambition, Scale with JV with Shell, Office In Dubai Updated On Fri, Dec 17th, 2021 by Saurenergy As companies get more aware about carbon goal setting, relevance of carbon credits too, appears to be gaining traction. That means an expanding opportunity for EKI Energy Services, a firm that is focused on the carbon credits and trading market. The Manish Dabkara led EKI Energy Services Limited and Shell Oversea Investments BV’s have announced […] Read more
Ayana Renewable Acquires 250MW Solar Assets from ACME in Rajasthan Updated On Thu, Dec 16th, 2021 by Saurenergy ACME Solar Holdings Private Ltd will divest 100% equity stake in its 250 MWac solar PV power plants, located in Rajasthan, to Bengaluru-based renewable energy platform Ayana Renewable Power Private Ltd, following the signing of a new deal between the two companies. With this transaction with ACME, Ayana, which is majority controlled by the National […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Sentient Labs Offers India’s First “Made in India” Hydrogen Fuel Cell Bus Updated On Thu, Dec 16th, 2021 by Saurenergy Sentient Labs, an R&D innovation lab, building on technologies incubated by KPIT Technologies Ltd, demonstrated India’s first truly indigenously developed Hydrogen Fuel Cell Bus. The Hydrogen Fuel Cell Technology has been developed in collaboration with CSIR (Council of Scientific and Industrial Research)-NCL (National Chemical Laboratory) and CSIR-CECRI (Central Electrochemical Research Institute). Sentient Labs’ has been […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
Green H2 to Become Low-cost in 12 Markets by 2030; Brazil, Chile to Lead Updated On Mon, Dec 13th, 2021 by Saurenergy The hydrogen boom is well underway, but not all hydrogen is created equal. A spectrum of hydrogen colours are in play – but the real game-changer will come when low-carbon green hydrogen costs become competitive in major markets, states Bridget van Dorsten, Hydrogen Research Analyst, Wood Machenzie. In a recent report by WoodMac, “Hydrogen Costs 2021: […] Read more
Energy Dome Offers a Step Forward For CCS Updated On Mon, Dec 13th, 2021 by Saurenergy Energy Dome, an Italian energy storage technology company founded in 2019, claims to use CO2 against climate change to develop long duration storage systems, based on Carbon Capture and Storage (CCS) Energy-related carbon dioxide emissions form the biggest share of emission worldwide and necessitating a decarbonization of the energy industry to solve the climate change […] Read more